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Bank of Mexico Cuts Interest Rate to 9.5%

The Bank of Mexico (Banxico) lowered its benchmark interest rate by 50 basis points on Thursday, citing cooling inflation and economic weakness. The rate now stands at 9.5%, marking its largest cut
2 weeks ago
Global-Factory-Activity-Ends-2024-on-a-Weak-Note

Global Factory Activity Ends 2024 on a Weak Note

Manufacturing activity across Asia, Europe, and the U.S. concluded 2024 with sluggish performance, reflecting mounting concerns about trade tensions and economic uncertainty as the world braces for a challenging 2025. Weakness in
2 months ago